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. we will let you know what's going on today here in washington, around the country and around the globe and we will give you a chance to sound off, our little two-way town hall here every morning and i have got to tell you it was fun yesterday, vice president joe biden did his bid to boost the economy. he went shopping. he went to costco here in washington, d.c. and showed us with his own costco card and showed up witha firewood and a t.v. and apple pie. god bless america. lots to talk about this morning. let's find out first what's going on. here is the latest from lease a ferguson out in los angeles. hi, lisa. good morning. >> hey, bill. good morning, everyone. well, president obama is taking his fight over the fiscal cliff today heading to hatfield, pennsylvania. he is going to tour the rhodon group manufacturing facility. >> that's a place the white house says is one of the many businesses that depends upon middle class shoppers this holiday season. rhodon manufactures connect brand. that time group sells toys like angry birds building s
, the politics and policy in the games being played by both sides in washington dc, we will be joined by richard shelby, the ranking republican of the banking committee. he joins us. congressman devin nunes, chairman of the ways and means committee to tell us what kind of effor it will take and who will be blamed for failure to stop these tax hikes and trillion dollar budget cuts. bradley graham is among our guests tonight. here are the details on exctly what secretary geithner has proposed on behalf of the presidento avoid the fiscal cliff. according to the republicans in that meeting, the offer includes $1.6 trillion in new revenue. that is higher taxes, raising tax rates, and taxes on investment income. at least $50 million in new stimul spending in the next fiscal year alone. mind you, of course, the repubcans looking for spending ts as an offset to their agreement to raise taxes. the only spending cuts in the plan come from cutting medicare and other programs by 400 billion over the coming decade. timothy geithner also requesting the equivant of a permanent increase in the national debt lim
. >> and in washington, msnbc and "time" senior political analyst, mark halperin. thanks so much, everybody, for being with us. >> morning. >> a very provocative, according to "the wall street journal," proposal that tim geithner brought over to the republican leaders yesterday. >> how'd that go? >> "the new york times" said it was, quote, loaded with democratic priorities and short on spending cuts. i'm just curious, it didn't go well. obviously, mitch mcconnell laughed at the offer, which i would have laughed at the offer, too. >> you would have laughed out loud at the treasury secretary? making a presentation? >> you know what i actually would have said? >> what? >> listen, we're all busy people. this is a critical time. if you're going to come over here and insult us and intentionally try to provoke us, you can do that. but i'm going back to work now. and i'd walk out. listen, this thing, $1.6 trillion of revenue, of new taxes, no specific cuts according to "the new york times" and "wall street journal." actually, $50 billion more in stimulus spending and no specific spending cuts. it was a nonsta
>>> at long last, feigned washington outrage has been replaced by actual washington outrage. it's friday, november 30th. this is "now." >>> joining me today, host of the aupon muss msnbc show melissa harris- perry is here. could it be that democrats are a little caught up in powerball madness? this is the reaction of a maryland man reportedly watching each lottery number fall into place and realize he may get everything he's ever wanted. yesterday treasury secretary timothy geithner went to capitol hill with a proposal that included everything the white house wanted. it has two stages. phase one, to be agreed on before the new year would raise nearly $1.6 trillion in new tax revenue including raising the top two marginal rates, ask for $50 billion in stimulus spending and a permanent end of congress' ability to prevent debt ceiling increases and nonspecified cuts to entitlement spending. phase two more friendly to republican interests calling for $400 billion in unspecified cuts to entitlement programs with no guarantees. the chances of this plan making it through congress may b
. and by contributions to your pbs station from viewers like you. thank you. >> warner: washington's clock ticked another day closer today to automatic tax hikes and spending cuts, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. i mean, i... i'm assuming that doesn't sound too good to you. >> no. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> warner: in washington, republicans portrayed the road trip as so much humbug, at a time, they said, when negotiations are going nowhere. >> there's a stalemate. let's not kid ourselves. >> warner: house speaker john boehner said republica
to be realistically kept. any deal made today in washington is amended next week and the week after or not kept. i mean, it's like you make your deal right now and you hope that even in last -- it lasts through the year. am i right? >> well, the only way to guarantee deals you pass it into law. then it's a lot harder to change them. and my only point is, you know, if we had a game, and every time the term fiscal cliff came up people had to donate a dollar to something, you'd be amazed in the course of a week or two how often this has been repeated like a mantra. i compared to a great essay by tom wolf in which people chanted and made noise in order to get their way. i think we ought to recognize this entire fiscal cliff is an artificial invention of washington, created by people in the congress and the presidency, and it can be broken down by them into a series of steps that can be taken without having to be rushed into one gigantic last-minute, little understood, with no hearings, one vote up or down, i think it's a terrible way to govern the united states. >> greta: well, the sequestration deadl
don't understand his brain, so you should ask him. okay? >> ouch. athena jones live from washington. same old same old. where do we go from here? >> that's the big question. the nice talk after the election is pretty much gone away. you mentioned one of the big sticking points, that's taxes. republicans and democrats can't agree on how to raise the tax revenue? end the bush tax cuts for the wealthy, close the loopholes, raise the capital gains taxes or all of the above. right now, they can't agree on how much money should be raised on the revenue side. let's listen to more from harry reid about the democrats stance on this. >> we are ready to protect middle class families by freezing the tax rates for the first $250,000 and letting the rates go to the same level they were during the clinton administration. the republicans know where we stand. we have said it so many times, the president said the same thing. >> you know, reid is right. republicans know where the democrats stand. republicans feel that there's been way too much focus on this whole tax issue and not nearly enough of an
washington has not pushed both sides hard enough. >> the peace process yielded by the united states has helped nothing for the palestinians. at the end of the day, this is about land. >> reporter: a major concern for israel is that the palestinians could now use their new status to press the united nations criminal court to press the occupiers in the territory. today, they are threatening to punish the palestinians by withholding u.s. aid, brian. >> andrea mitchell in our washington bureau tonight, thank you. >>> and then there was that lunch at the white house today, the president and mitt romney who arrived at a side door, walked in and sat down with the man who got the job he wanted so badly. kristen welker has more on the story. at the white house with more on the sit-down between two former rivals, good evening. >> reporter: brian, good evening to you. this lunch was really more about optics than substance. and mostly, it was striking a tone of bipartisanship after a decisive campaign. formerly bitter rivals, mitt romney and president obama, hoping to show they have put past differ
% and if you flip over to the pro shares, that one is down 1-3%. dave: despite all the confusion in washington, it is pushing up to new york in terms of what is happening to the vix has been down. we talked about that. a bird down meaning volatility was down. today going in the other direction. perhaps seeing a bump because of confusion and growing distance between republicans and democrats on any kind of resolution on the fiscal cliff but for whatever reason little more volatility in the market today. liz: he has been named one of the most influential people of the entire 20th century and going over the fiscal cliff will derail the biggest economic driver in the u.s. and that is biotech. mike milken talking about life-saving drugs, jobs that come with them and our status as the leader of the industry, all at stake if we go over the fiscal cliff. and dr. francis collins with the national institutes of health. fiscal cliff. folks including today to liz hy malcolmed the month of november and the red and nasdaq and s&p close slightly higher, consumer discretionary and industrials were this month'
numbers. details ahead. >>> meanwhile, washington was abuzz over avoiding the looming fiscal cliff. the president's lunch with mitt romney, the united nations note on palestine. all this as joe biden was christmas shopping. >>> and some amazing random acts of kindness. good morning, everyone. i'm lynn berry. and today the first of the two grand prize powerball winners will come forward to reveal themselves and have their lives change forever. and there's also buzz about a potential code within the winning numbers. nbc's kerry sanders has that story. >> reporter: in tiny dearborn, missouri, where just about everyone knows everyone, the question is was it one of their own who bought a winning powerball ticket? >> it's exciting, very exciting. we never, ever thought that we would sell the winning ticket, and here it is. we did. >> reporter: folks in this farming community just off interstate 70 are now trying to figure out if the winning numbers were chosen with meaning. dearborn is but 35 miles north of kansas city, home of the royals baseball team. those winning lottery numbers? the
and washington may have refused to arm these rebels. but armed they are like never before. >> suarez: and margaret warner takes the story from there. >> warner: for more on today's developments and what they mean for syria's president bashar al assad, i'm joined by andrew tabler, a senior fellow at the washington institute for near east policy. he was in rebel-held syrian border regions in mid-november. andrew, welcome back. >> thank you. >> warner: first of all, how critical is the rebel seizure of some of these surface-to-air missile from the captured army bases? >> they're answer cloutly vital. for months the syrian army has harassed rebel held territories and they've bombed them into submission. with these shoulder-fired missiles they're able to down syrian aircraft of all types and it allows the syrian opposition to have the possibility of actually saying they have a pure liberated territory which is completely outside of the regime's control and that sets the stage for a possible benghazi-like pocket that could push president assad south and west war war so step back from all t
court, pressing it to investigate israel's practices in the occupied territories. >>> in washington, lawmakers are already threatening to cut millions of dollars in aid to the palestinians should they use their new status to go after israel. >>> the united states senate is ready to consider broad new economic sanctions against iran. and they are aimed at choking off that country's energy and shipping sectors that are believed to keep its nuclear program afloat. yesterday the u.s. gave tehran a march deadline to begin cooperating with a u.n. nuclear investigation. the agency's been trying unsuccessfully for the past year to determine if iran is developing a nuclear weapon. >>> at the newseum in washington last night, hillary clinton offered a hint of optimism that diplomacy was still a possibility. >> we continue to believe that there is still a window of opportunity to reach some kind of resolution over iran's nuclear program. now, i'm not, you know, a wild-eye ed optimist about it, t i think it's imperative that we do everything we can unilaterally, bilaterally, multilaterally to t
. maybe that is a positive. there will be a whole lot of the same if washington continues to come back with nothing. liz: volume has been below. lincoln. maybe i misspoke, actually. you see how the dow continued to do -- the grade. >> certainly washington has been the focus this week. what i think you are alluding to is absolutely right. if you look at what has been happening at the consumer discretionary, there it is. you are seeing companies punished and punished pretty severely. you will continue to see that as we work through the third quarter numbers. even though we saw significant upticks, that is really getting expressed in the markets here. seeing them trade sideways off of that bounce. also the 1350 level on the s&p. liz: the energy market isn't exactly trading sideways. you have crude oil above $88 a barrel. >> they bought crew today. i think natural is oversold. short term, short-term, i have been bearish on natural gas for quite a few months. i think this is the low we will see for another week. >> oil at a $90 level. people may have been sort of like you. is that trade ove
, ademÁs de washington y las islas vÍrgenes en donde fueron vendidos. >> muchos boletos con la esperanza. >> pero desafortunadamente no me ha tocado hasta ahorita nada. >> a pesar que estÁ ubicado en un soberbio han comenzado a surgir los rumores que arizona podrÍa ser un inmigrante indocumentado aunque de ser asÍ no tendrÍa problema alguno para reclamar el premio. >> por ahora es rumor si no estÁn con papeles si pueden agarrar el premio pero tienen que pagar impuestos poco mÁs altos. >> hasta estos momentos la identidad de los dos ganadores continÚan siendo un misterio y tienen solamente 180 dÍas para reclamar ese importante premio, en phoenix arizona, francisco cuevas, telemundo. >> precisamente hoy dÍa se anunciÓ que california serÁ parte del powerball del prÓximo aÑo ya que no se juega a esa loterÍa hasta ahora. >> durante meses estuvieron en el cuadrilÁtero de la campaÑa electoral y se acusaron de todo, llegando incluso hasta el insulto, pero siguiendo la tradiciÓn estadounidense el presidente obama y el ex contrincante mitt romney se reunieron en la casa blanca. >>
by washington standards. any surprise that the president's proposal was outright rejected by speaker boehner? it was an "in your face" proposal to him. >> it was. i'm not surprised. i don't think any of us are surprised it was rejected. i think we're a little surprised, maybe a lot surprised it was put forward in the first place. this is really different. barack obama, this is a really different negotiating posture and position that he is starting from. if we look back to that horrible debt ceiling fiasco from last summer in 2011, i think we all remember how bleak that was that obama started his negotiating position really from a place that met the republicans more than halfway so he was going to be bound to end up meeting them in the final analysis. which is what happened. it was demoralizing. now, after re-election, he has been obviously very embowdenned. he's put forth something -- it is clear they won't accept it. they won't wake up tomorrow morning and think they want more stimulus spending. this is a strong move.
to comment, "the washington post" columnist matt miller, cnbc contributor and former new hampshire senator judd gregg. town hall.com political director guy benson and catherine manuel ward managing editor for "reason" magazine. look, i'm all for a deal. i want a deal, i want to save the country, do all the right things. why should the republicans sign on to higher tax rates no spending in run and something that matt miller never would have done, democrats want to actually spend more in a bill that's supposed to be about fiscal restraint. why should the gop sign on to that? >> they shouldn't and they won't. this is silly, no the a serious proposal. this is a first proposal where they're going for the moon, republicans should counter saying here's our counter-proposal, let's repeal obama care, enact the ryan plan and have their wish list. >> was it geithner or liu, the chief of staff? you're shaking your head to that. jack lew, the chief of staff, did a hell of a job. i am told he is the new geithner, that's why he's key to these talks. judd gregg, a former insider, probably more about the b
's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start with simple, undeniable facts. the president of the united states has the right and duty to select the secretary of state, the person he thinks will best help him shape and project this country's foreign policy. just as important, the senate has the duty to advise and consent to his decision. if senators see a serious problem with a nominee, they have a right and duty to speak and vote that way. someone keeps telling the press that president obama prefers to nominate u.n. ambassador susan rice, and as long as that person is not the president and does so under ground rules that protect his or her identity, we are condemned to this preventative war we're watching in washington. one side attacking while no one outside the gates of the white house knows what the president intends. i take president obama at his official word. he has not decided whose name to send to the senate, and with that we go to the first of our two senatorial guests, senator bob corker, republican of tennessee. senator corker, i
's the toughest job you can do not in uniform. but back home in washington, the opposition party, the republican party, at least some of them, have decided they do not want anybody to fill that job. senator kelly ayotte of new hampshire says she will block the nomination of anyone to be the top diplomat for the united states. john mccain has said the same thing, that he would not support confirming anyone, anyone for that job. the way he feels now. both senators saying they would prefer nobody had that job because of their upset over comments made on sunday morning talk shows by a member of the obama administration on the weekend after the attack on the u.s. consulate in benghazi. republican senator susan collins has now decided that that administration official, u.n. ambassador susan rice, is someone she could not support for secretary of state if president obama nominates her for that job because susan rice chose to appear on those sunday shows at all, regardless of what she said there. >> i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a pol
miller, the long awaited washington, d.c. stephanie miller sexy liberal show at the warner theater january 19th. >> thank you rocky mountain mike. >> wow! >> the who will not be there. >> no, but all four sexy liberals. >> it's another sexy liberal palooza. we had to go out with a bang, so we have to come in with a bang. ann said a cousin of mine works at the tech crew and said you're going to be making another sexy liberal trip. how did you get the warner on inauguration? springsteen could not get it when he wanted to have a concert. you guys are superstars. ann thank you. >> it's so huge i want to see it's birth certificate. >> stephanie: what? >> i don't know. >> stephanie: see, by the way people did make t-shirts at aisha's thing when she said the president smells like cookies and freedom. a lot of cookies and freedom es. >> i think it's going to be hard to wear a t-shirt in washington, d.c. >> stephanie: jim would enjoy it with aisha. it's cold, party hats. this is very exciting for sexy liberal. this is the deal. mama is a broken down old warhorse. i can't keep doing it at th
for washington. so you should keep your eye on who gets come kinects this year. there are going to be some members of congress who get them and some who don't. >> what sort of plan do you give the republican who won't agree with anything? this one, of course. the president is asking for a $1.6 trillion tax increase, $50 billion in economic stimulus, and the power to raise the debt limit without congressional approval. meanwhile, he will work the fine savings in entitlements. not to the man sitting on the naughty list. senator mcconnell said that he burst into laughter at the proposal. you know what is really funny, senator mcconnell, the president has the leverage. speaker boehner know it is. >> you think the white house is trying to squeeze you and, if so, will that work? >> well, most of you know me pretty well. what you see is what you get. and while i may be a fchl fable and someone who can work with members of both parties, which i've demonstrated over the 22 years that i've been here, i'm also rather dernled to spend our spending problems. >> i don't hear an answer to the question. h
on the wealthy. the headlines tell the story. "the washington post" wrote, "obama offers plan for cliff, not compromise." "the new york times." "gop balks at white house plan on fiscal crisis." and "the wall street journal," obama's cliff offer spurned. i want to bring in joanne reed and molly ball, political reporter for "the atlantic." good to see both of you. good morning. >> good to be here. >> mitch mcconnell, we are told, literally laughed at the white house's offer. and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> and the speaker tweeted, "how serious is the white house about avoiding the fiscal cliff?" reports suggest, in some cases, not so serious. and also, joanne, what is the strategy here, and is there a risk like looking like you're not really negotiating? >> well, you know, i think wh
manufacturers to make up for any shortages. david kerley, abc news, washington. >>> and now, we want to show a picture at the heart of a new and growing controversy in american schools. this is a padded room, a photo spreading from washington state to parents around the country. they are called isolation rooms and they're used to restrain some children, including autistic ones. abc's chief investigative correspondent brian ross brings us videotape, and we warn you, it's not always easy to watch. >> reporter: this surveillance video shows high school student andre mccollins, in the lower right of the screen, about to go through what his school calls skin shock therapy for misbehavior. about 60 volts of therapy. there are no national standards for the punishments or restraints used on school children, including those like andre with behavior disabilities. later tied spread eagle to a restraint board. >> no, no, no. >> reporter: and what happened at this school outside boston, an extreme example, but entirely legal. >> some day, we're all -- i think we're all going to look back, and we're going
not sabotage it as the israelis and some in washington claim. >> today's grand pronouncement will soon fade and the palestinian people will wake up tomorrow and find that little about their lives has changed. say that the prospects of a durable peace have only receded. >> shepard: minutes after the vote secretary of state hillary clinton echoed that perspective calling today's vote unfortunate and counter productive. with that we have team fox coverage of today's developments. jonathan, well, first we are going to have david lee miller in jerusalem. first let's get to the fox report's correspondent jonathan hunt live for us at the united nations. jonathan, a lot of strong words there today. >> very strong language indeed, shep. on the palestinian side, president mahmoud abbas described this resolution as a last chance for peace. implicit in that is the argument by recognizing a palestinian state, the united nations emboldens and strengthens mahmoud abbas' moderate fatah party against the more militant hamas. israeli official said this is not about any particular palestinian faction and they
't help me, don't help me. >> mr. romney goes to washington. >> mitt romney makes his way to the white house. >> the political power lunch of 2012. >> it's not exactly the way he wanted to get there. >> president obama and mitt romney meeting for the first time, privately. >> when we say private, we mean private. >> no cameras. >> no cameras allowed. >> no staff. >> to move forward and have a lunch. it's weird. >> there's really no agenda. >> it's weird! >> it's really to bury the hatchet. >> mitt romney comes to washington. guess whose coming to lunch? >> rip flamba. >> we are now 33 days away from the fiscal curb, and democrats are telling republicans that it's their move. >> we are not going to negotiate with us. we have made a proposal through the president of the united states. that proposal said we should revert back to the same tax plan that we had when clinton was president. you can't get from here to there unless you raise the upper rates. and that's what the president suggested, it's up to them to come forward with something else. >> the day after boehner loyalist tom cole, r
moments ago in washington, or the president on the road in pennsylvania at a toy factory. both sides spinning, and that is leaving traders' heads spinning. eamon javers in d.c. with the latest volleys in this match. >> i'm going to try not to do anyany spinning here for you, tyler. but another day of kind of dueling press conferences here in washington. difference today is we have a little bit of a campaign style theme as the president took his act on the road to pennsylvania where he tore this toy factory up there. basically making the case for his tax cuts but he had a chance to make a toy factory joke as presidents are want to do. he said he's got a naughty and nice list back in washington. he's got certain congressmen in mind to be on that naughty and nice list. but take a listen to what the president said making the case that this is all about tax cuts for the rich and republicans wanting to preserve those. >> what's riding on this debate. this is too important to our economy. it is too important for our families to not get it done. it's not acceptable to me and i don't think it
. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every 15 minutes. lauren simonetti. washington is playing politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lots of analysts cutting this stuff today. melissa: lauren, thank you very much. lori: after laying out his opening bid to fisk the fiscal cliff, -- listen to a sampling of that. >> you will see your taxes go up on january 1. i am assuming that does not sound too good for you. that is sort of like the lump of coal you before christmas. that is a scrooge christmas. melissa: is the presi
there's no socialization left in washington. members of congress are there tuesday through thursday. they get out of dodge. their kids aren't in school there. not enough sharing of cocktails among one another. and frankly, i think they need to spend more time together and stop litigating this thing openly. >> bipartisan bourbon perhaps. >> yes. >> you had a piece in politico this week and here is the headline. democrats bet republicans cave on taxes. how confident are democrats that they're going to win this thing, they'll make this happen. >> they feel like this looks like the 2011 payroll tax. remember at the time house republicans were not going to pass that extension to that payroll tax holiday, but they felt boxed in at the end of the day and they eventually had to do what the president wanted. democrats believe that they have the issue here, they have a bill that passed out of the senate. they think the house will adopt it. the republicans say there is just no way that's going to happen, that in order to get any sort of deal on revenue, democrats have to -- >>> have a fantasti
dime earned by family-owned businesses, the president wants to take back to washington, d.c. i'm in favor of a balanced approach. i'm committed to fairness in american society. but, mr. speaker, i ask you, is the problem that taxes are too low or is the problem that spending is too high? what better than class warfare, mr. speaker. we are better than saying we are going to ask the them to bear the burden while the we been fit. -- ben fifment -- benefit. 320 million of us have to come together, mr. speaker. on tough, tough challenges. challenges that this house has crafted solutions to. these solutions are not easy. these solutions are not pain free. these solutions involve shared commitment from every single american. because as freedom is eroding in this country, every single american suffers. and economic opportunity and economic liberty is expanded in this country, absolutely every american benefits. we can do better, mr. speaker. as a nation we have done better, as the united states house of representatives. and i come here today just to remind my president, the white house
it smelling fresh. febreze. breathe happy. >>> we told you yesterday about parent in washington state who were upset because children were being punished in what they call these isolation rooms. >> it turns out that these isolation rooms look this are only the tip of the iceberg in many schools across the country. abc's chief investigative correspondent brian ross has more. >> reporter: this surveillance video shows high school student andre mccollins in the lower right of the screen about go through what his school calls skin shock therapy for misbehavior. 60 volts of therapy. there are no national standard for restraints used on students, including andre with behavioral, later tied spread eagle to a restraint board. what happened at this school outside boston, an extreme example, was entirely legal. >> some day we are all going to look back and we're going to say, can you believe what we did here? >> reporter: an abc news investigation has found that only 17 states have specific laws protecting students from harsh treatments and restraints. >> that's there's thousands and thousands of childr
from washington. it's friday, november 30, 2012, and this is "the daily rundown. i'm chris cillizza in today for chuck todd. the president hits the road today to settle his proposal to avoid the fiscal cliff at a toy factory in the pennsylvania suburbs. the president's opening budget bid landed with a thud on the republican side of capitol hill. after meeting with the president's top negotiator treasury secretary tim geithner, some republicans are calling the white house offer a joke. that's a quote, and a fantasy. that's also a quote. leaving the talks in a familiar place, stalemate. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> we haven't seen any kind of proposal from the republicans. rates on the top 2%, the wealthiest earners going up. >> it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. >> republicans know where we stand. we've said it. we've said it. we've said it so many times. >> he says that democrats have got to get s
delivers everywhere. i have been keeping my own naughty and nice list for washington, so you should keep your eye on who gets some k' necs this year. some members of congress will get them, and there will be some who don't. [ applause ] >> this is a wonderful time of year. it's been a few weeks since a long election finally came to an end, and obviously i couldn't be more honored to be back in the white house, but i'm already missing the time that i spent on the campaign visiting towns like this and talking to folks like you. >> love you. >> i love you back. you know what, one of the benefits of traveling and getting out of the white house is it gives you a chance to have a conversation with the american people about what kind of country do we want to be and what kind of country do we want to leave to our kids. i believe america only thrives when we have a strong and growing middle class, and i believe we're at our best when everybody who works hard has a chance to get ahead. that's what i believe in. i know that's what the founders of this company believe as well. we were talking about
prime minister salam fayyad. he's in washington to attend the 2012 saban forum on u.s./israel relations. it's my understanding you were against this at first. is that true? and if so, how do you feel now? >> no. i never was against it. as a matter of fact, i was very much a part of the thinking -- >> did you think it was time now? or some time down in the future? >> given the frustrations that we palestinians have had with the political process, it has not been productive. there's no question that we needed to pursue any and all available options to us. and the international law -- with the national diplomacy. and this was one of them. the question for me all along was how best to do it. provide us with some leverage going forward because what we really want end of day is genuine state where our people can live as free people with dignity. >> at the end we were just talking in the break, does this end up helping or hurting your relationship with the united states, your pursuit of something even more tangible? >> i think it depends a lot on what is done to deal with it. and whether or no
of washington, apple, google and amazon. just today gaining at the close of the market. look, i'm as aggravated as you are about the lack of progress over the fiscal cliff. is there progress? is there no progress? are the democrats giving? have the democrats given? the only thing given that i know is the tablet. that's what i want to spend a moment on while we bemoan the farce that is washington. one of the worst aspects of this era where we have to hang on every word of people who frankly aren't actually trying to make us any money, and if anything want to take it from us, is there are companies doing amazing things, so tonight in the interests of some companies that are doing great things that can make you money, i want to celebrate the products of three terrific companies as well as their stocks, because after all this is "mad money," not mad tablets. first one of my favorites is the column that amazes me, david pope, the "new york times" writer who opines brilliantly in a can't-miss column about tech products. i love this guy. today's product starts well enough, a segment of an npr-call-in
.com to watch the entire video. good night from washington. ord. empathetic folks. >> hello. i'm bowles with kimberly guilfoyle, bob beckel, dana perino and brian kilmeade. it's 5:00 in new york city. this is "the five." >> eric: breaking news about the former president george h.w. bush. he is currentfully stable condition after being admitted to the methodist hospital in houston, texas, for treatment of a lingering cough. he is 88 years old and has been in and out of the hospital with lingering pull mo noir issues. your thoughts on him quickly. >> dana: good news today because i talked to somebody close to him on his staff and said he had bronchitis and they were worried that it might turn in to pneumonia. but he is doing great because the hospital staff is charmed. feeling better. wish him the best. >> eric: all the best. feel better. our prayers and our hearts go out. keep you up to date on the story. president obama had an interesting lunch today. governor romney spent an hour or so at 1600 pennsylvania avenue we check it out and found the practice is pretty darn common. look at the
think i see in "washington post," headline, obama offers plan for cliff. plan to be in quotes. the thing that amazes me and the media lets it happen. for eight years or longer now. i had to defend how many times people said on the left, including president obama when he was running for president the first time, the bush tax cuts only help the rich. they were only for the rich. now all of a sudden we're supposed to believe that he understands that they are actually going to hurt the middle class and the lower income people? because president bush cut taxes for everybody. finally now, i guess, history will get it right. that is actually what happened. president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal
, and say the finance minister is not coming clean about the cost to taxpayers. >> in washington, budgets have stalled again just months before what has become known as the infamous fiscal cliff. president obama appeared at a factory in pennsylvania making his case for raising taxes on top earners and accusing a handful of republicans of holding up a deal. if a deal is not reached by december 31, a $600 billion combination of tax increases and spending cuts goes into effect. let's get a check now on how the markets reacted to all of that news. our correspondence sent us this report from frankfurt. >> the dax climbed for about 2% this week, and share prices have been pushed mainly by the rescue package for greece, but at this last trading day of the week, trading has been quite low. the positive trend continued, although there has been some bad news coming in, like the record high unemployment rate in the euro area and the fact that u.s. consumers spend less money in october. nevertheless, the mood is fine. investors hope the fiscal cliff in the u.s.a. can be avoided. >> let's get a closer
to drum up support among the public. not in washington or with congress or the senate. here is what he had to say. >> it is not acceptable to me, and i do not think it is acceptable to you for a handful of republicans in congress will middle-class tax cuts hostage simply because they don't want tax rates on upper income folks go up. gerri: it sounds like the same old, same old. the president has been making the same comments again. is this any way to sell a plan? >> there really is not. the president is not being serious about this. the fact that the president is out there campaigning on this rather than negotiating, it means that those that are negotiating, such as secretary geithner, they probably don't feel bound by what the president is saying. this is the first gammons and certainly not a serious offer. >> mitch mcconnell laughed out loud on camera at the plant. what do you make of that? >> he had every reason to. let's look at this plan for what it is. a massive tax hike. instead of offering tax hikes, which is something that republicans have been mandated, he wants more spending and
see bipartisan compromise in washington. and i siner is vie mean that i said it. (laughter) sadly, the power-mad democrats decided that just because people voted for them, they're in power. and they're already trampling our freedoms. >> reporter: democrats are proving yet again they will do anything to push through their liberal agenda. now they have gone a step too far. senate democrats with harry reid leading the charge want to drastically change the filibuster in order to limit the republicans' ability to oppose certain legislation. >> stephen: yes, harry reid is trying to stop republicans from blocking certain legislation. for instance, any legislation. he's chipping away at the sacred senatorial institution known as the filibuster which allows the minority party to prevent a bill from coming to a vote simply by speaking non-stop on the senate floor. for instance, by reading the phone book. that's how, in 1974, the d.c. metro area yellow pages were signed into law. (laughter) the courts have since repeatedly upheld that clay's audio has the most far out selection of 8-tracks i
year. >> reporter: a pretty good year, darda says, if washington can avoid the automatic tax increases and federal budget cuts that are scheduled to kick in at the end of this year. the holiday shopping season has gotten off to a strong start, but economists expect fourth- quarter growth will be weakener part due to the impact of hurricane sandy. >> pelley: thanks, anthony. so can washington make a deal on the budget and avoid those tax increases? we're getting our first look tonight at president obama's proposal and the republican reaction. major garrett is at the white house for us tonight. major. >> reporter: scott, the first hard numbers from the white house to resolve the fiscal cliff crisis landed with a thud on capitol hill. congressional republicans called it an insulting joke. here's the big picture-- $4 trillion of deficit reduction over the next 10 years. it includes $1.6 trillion in higher taxes on households make manage more than $250,000. there's also $400 billion in cuts to entitlement programs, like medicaid and medicare, as well as others. there is also fresh new aendi
. that's our proposal, period. >> reporter: no one in washington ever thought negotiations to get past the fiscal cliff would be easy. now, more and more are talking about a rerun of what happened with the tarp bailout bill. first, congress may have to deadlock and go over the cliff, and then count on a falling market and an angry public to force action. >> it's what's euphemistically bng called "let's let the peasants storm the castle with pitchforks" strategy. that is, get the average voter so upset that they pound on the... do the equivalent of pound on the door of their member of congress or the member of the senate, call their office and say, "look, i know i told you not to vote to raise taxes or not to vote to cut medicare, but you got to stop the pain." >> reporter: how bad could the pain get? after the house voted down the tarp bailout, the s&p 500 fell more than 8%. darren gersh, nbr, washington. >> tom: for more on the fiscal cliff negotiations, susie spoke with a leading democrat a short while ago, senator kent conrad of north dakota. >> susie: senator can rad thank you for
. this is abc news, washington. >> let's go back and talk about the storm coming in. sandy is in for spencer tonight. this is a doozy. >> it is going to be indeed da dan. it's already starting to intensify. rainfall in santa rosa check out the winds over the higher terrain gusting 40 to 50 miles an hour. even 60 miles per hour wind gust writ now at the lower elevation we now at the lower elevation we are let's check out live doppler 7 let's check out live doppler 7 hd. becoming active. we havew 32 miles an hour out of the south east. heavy rain and strong winds for the morning strong winds for the morning rush hour. rain continues on all this moisture will only do intensify the rainfall here in the bay area so we get dumped on here. 11:00 p.m. tonight the front is approaching the north bay and we'll start to see the rainfall picking up. at 4 a.m. heaviest rain orange and yellow still centered in the north bay. notice the slow moving nature of the storm. at 6:00 a.m. it's barely pressing south and east. that's where we will see some gusty winds continuing. potential for thunde
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